Do you remember being told inflationary pressures were transitory? You were told the same thing about the supply chain issues, and that our Secretary of Transportation, Mayor Pete, would fix everything once he returned from paternity leave. Much like inflation, the supply chain disaster is not transitory, and will likely be with us through 2023, when a pending global recession and stagflation will allow it to recover. There are four major drivers of the supply chain problems the global economy is facing: challenges in Asia, ocean freight and port issues, over-the-road trucking issues, and labor. Challenges in Asia. Asia is a
